Whether you own a small dispensary servicing a few hundred customers or multi-store chain servicing a few thousand, you’ve probably realized that cannabis retail is a constantly evolving industry with unique financial and tax implications. Understanding the benefits of structuring your business as a C-Corp can be a game-changer.
In this webinar, Wally Wong from Meadow and Daniel Sabet of Green Growth CPAs dove into the advantages of C-Corp formation for standalone retail cannabis operations.
In the webinar, Daniel covers what sets C-Corporations apart, and why are they gaining traction in the cannabis sector to not only take advantage of tax breaks but also to raise capital and attract investors. He also touches on 1202 small business stock exclusions which can have significant implications for those considering an exit strategy.
For a full understanding of why C-Corp formation can offer significant advantages, especially for those with an eye towards an eventual exit, here’s the full recording: